Afya VP exercises 7,000 RSUs, pays taxes in shares
Afya Ltd Vice President Gustavo De Souza Portes Meirelles exercised equity awards and settled related taxes in shares.
Rhea-AI Filing Summary
Afya Ltd Vice President Gustavo De Souza Portes Meirelles exercised equity awards and settled related taxes in shares. He converted 7,000 restricted stock units into Class A common shares, with 1,925 shares withheld as a tax-withholding disposition at $14.41 per share. After these transactions, he directly holds 7,612 Class A common shares and 24,500 restricted stock units. The RSUs convert into common shares on a one-for-one basis and vested as to 7,000 shares on May 5, 2026; the remaining RSUs vest in tranches of 10,500 shares on May 1, 2027 and 14,000 shares on May 1, 2028, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Exercise
3 txns
Insider
De Souza Portes Meirelles Gustavo
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,000 | $0.00 | $0.00 |
| Exercise | Class A Common Share | 7,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Share | 1,925 | $14.41 | $28K |
Holdings After Transaction:
Restricted Stock Unit — 24,500 contracts (Direct);
Class A Common Share — 7,612 shares (Direct)
Footnotes (2)
- F1. Restricted stock units (the "RSUs") convert into common shares on a one-for-one basis.
- F2. The RSUs have no expiration date and vested as to 7,000 shares on May 5, 2026. The remaining RSUs will vest as to 10,500 shares on May 1, 2027, and as to 14,000 shares on May 1, 2028, respectively, subject to the Reporting Person's continued service through the applicable vesting dates.
Key Figures
Tax-withholding shares: 1,925 shares
Tax-withholding price: $14.41 per share
RSUs exercised: 7,000 RSUs
+4 more
7 metrics
Tax-withholding shares
1,925 shares
Class A Common Share withheld for taxes at $14.41 per share
Tax-withholding price
$14.41 per share
Price for 1,925 Class A shares used to satisfy tax liability
RSUs exercised
7,000 RSUs
Restricted Stock Units converted into Class A Common Shares
Shares after transactions
7,612 shares
Total Class A Common Shares directly held after transactions
RSUs remaining
24,500 RSUs
Restricted Stock Units following derivative transaction
2027 vesting tranche
10,500 RSUs
RSUs vesting on May 1, 2027, subject to continued service
2028 vesting tranche
14,000 RSUs
RSUs vesting on May 1, 2028, subject to continued service
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, vesting
4 terms
Restricted Stock Unit financial
"Restricted stock units (the "RSUs") convert into common shares on a one-for-one basis."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,925.0000 Class A Common Share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 7,000.0000 Restricted Stock Unit"
vesting financial
"The remaining RSUs will vest as to 10,500 shares on May 1, 2027, and as to 14,000 shares on May 1, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Afya (AFYA) report for Gustavo De Souza Portes Meirelles?
Afya reported that Vice President Gustavo De Souza Portes Meirelles exercised 7,000 restricted stock units into Class A common shares. In connection with this, 1,925 shares were withheld to cover tax obligations, classed as a tax-withholding disposition rather than an open-market sale.
How many Afya (AFYA) restricted stock units did the vice president exercise?
The vice president exercised 7,000 restricted stock units into Class A common shares on May 7, 2026. These RSUs convert to common shares on a one-for-one basis, reflecting a derivative exercise rather than an open-market purchase of stock by the executive.
What are Gustavo De Souza Portes Meirelles’ Afya (AFYA) holdings after the reported transactions?
Following the reported transactions, he directly holds 7,612 Class A common shares and 24,500 restricted stock units. These RSUs are scheduled to vest in future tranches, which may increase his shareholdings as they convert into common shares over time.
What is the vesting schedule for Afya (AFYA) restricted stock units in this filing?
RSUs vested as to 7,000 shares on May 5, 2026. The remaining RSUs will vest as to 10,500 shares on May 1, 2027 and 14,000 shares on May 1, 2028, subject to the reporting person’s continued service through each applicable vesting date.
Do Afya (AFYA) restricted stock units in this Form 4 have an expiration date?
The filing states that the restricted stock units have no expiration date. Instead, they are governed by a vesting schedule with specific dates in 2026, 2027 and 2028, after which they convert into Class A common shares on a one-for-one basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
